Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Oak Ridge Multifamily Property Title is generated by Realmo AI

    148 Maryville Circle, Oak Ridge, TN 37830

    View on Map
    Claim this Listing
    Pending
    $266,900

    MULTI_FAMILY - Oak Ridge, TN

    Property size:
    1,745 SF
    Lot size:
    0.29 Acres
    Added:
    May 23, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 1 at 5:06 pm

    Property Features for 148 Maryville Circle

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Rooms
    Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 4, Bedroom 2
    Parking features
    On Street, Off Street
    Patio and Porch features
    Porch
    Appliances
    Range, Refrigerator
    Standard status
    Pending
    APN
    100H A 05700 000
    Size
    1,745 SF
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2788

    Utilities

    Heating system
    Central, Electric (Heating), Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1948
    Number of units
    2
    Flooring type
    Hardwood, Carpet, Tile, Vinyl
    Building materials
    Vinyl Siding, Frame
    Roof type
    Metal

    We can help!

    Listing Contact
    Hilary Kilgore

    Listing agent Hilary Kilgore

    Listing office Keller Williams Signature 4823 Old Kingston Pike S 320, Knoxville, TN

    Listing date May 23, 2026

    MLS# 1342117 Listing URL

    Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Priced below recent appraisal.
    • Excellent location suitable for renters (ORNL workers, traveling nurses).
    • Duplex: Opportunity to rent one side (3 bed/1 bath or 2 bed/1 bath) and live in the other.
    • Fresh interior and exterior paint.
    • Situated on a corner lot.
    • Range and Refrigerator included.

    Overview

    This multifamily property is located in Oak Ridge, TN. The property features one unit with 3 bedrooms and 1 bath, and another unit with 2 bedrooms and 1 bath. The interior of one unit has fresh paint. The property is situated on a corner lot with a lot size of 0.29 acres. The exterior of the property has fresh paint. The property has a total size of 1745 square feet. The property is located in Anderson County.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $26.2k $15.00
    − Vacancy −$1.9k −$1.07
    EGI $24.3k $13.93
    − OpEx −$7.3k −$4.18
    NOI $17.0k $9.75
    1,745 SF · lease $15.00/SF/yr · vacancy 7.12% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $243.1K
    $212.7K – $283.6K (±1% cap)
    NOI $17,018 @ 7.0% cap · market cap 6.38%
    Second Best
    Apartment 5plus
    $223.7K
    $195.8K – $261.0K (±1% cap)
    NOI $15,660 @ 7.0% cap · market cap 5.87%
    Theoretical Best
    Office A
    $432.2K
    $378.2K – $504.2K (±1% cap)
    NOI $30,254 @ 7.0% cap · market cap 11.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oak Ridge
    County
    Anderson
    State
    Tennessee
    Longitude
    -84.24567
    Latitude
    36.016838

    Nearby Similar for Sale

    • $475,000
      2,704 SF

      Oak Ridge Multifamily Investment Opportunity

      Fully furnished duplex in Oak Ridge, great investment potential.
      111 Vienna Rd, Oak Ridge, TN 37830
      View Details
    • $310,000

      Oak Ridge Duplex Investment Property

      Two-unit duplex in Oak Ridge, ideal for rental income.
      113/115 Walsh Lane, Oak Ridge, TN 37830
      View Details
    • $307,000

      Renovated Duplex in Oak Ridge

      Fully renovated duplex with tenants in place, great investment opportunity.
      365 Robertsville Rd, Oak Ridge, TN 37830
      View Details
    • $1,400,000
      15,541 SF

      Versatile Office Building in Oak Ridge

      Security-enhanced 15,541 SF office building near Y-12 Complex.
      122-132 Jefferson Court, Oak Ridge, TN 37830
      View Details
    • $305,000
      1,368 SF

      Oak Ridge Duplex Investment Opportunity

      Duplex in Oak Ridge with income potential and convenient location.
      165 Latimer Rd, Oak Ridge, TN 37830
      View Details
    • $305,000
      1,425 SF

      Oak Ridge Duplex Investment Opportunity

      Duplex in Oak Ridge with strong income potential.
      558/560 W Outer Drive, Oak Ridge, TN 37830
      View Details
    • $6,990,000

      Fully Leased Oak Ridge Office

      Multi-tenant office building with immediate cash flow in Oak Ridge.
      575 Oak Ridge Turnpike, Oak Ridge, TN 37830
      View Details
    • $39
      1,600 SF

      Retail Space in Oak Ridge

      New retail space in high-traffic Oak Ridge retail corridor.
      852 Main Street, Oak Ridge, TN 37830
      View Details
    • $280,000
      1,225 SF

      Oak Ridge Duplex Investment Opportunity

      Fully occupied duplex in Oak Ridge, proven income producer.
      100/102 Howard Lane, Oak Ridge, TN 37830
      View Details
    • $1,400,000
      15,541 SF

      Oak Ridge Office Building Opportunity

      Security-enhanced 15,541 SF office building near Y-12 Complex.
      122-132 Jefferson Court, Oak Ridge, TN 37830
      View Details
    • $1,650,000
      10,139 SF

      Oak Ridge Medical/Office Building

      Medical/office building in Oak Ridge with existing medical tenants.
      400 Laboratory Rd, Oak Ridge, TN 37830
      View Details
    • $325,000
      12,840 SF

      Prime Location with Development Potential

      Almost 1.5 acres with large parking and outdoor space.
      151 Robertsville Rd, Oak Ridge, TN
      View Details

    FAQs

    What type of property is this?
    Duplex - Multifamily property in Oak Ridge, priced below recent appraisal.
    Where is this duplex located?
    The property is located at 148 Maryville Circle Oak Ridge, TN.
    What is the asking price?
    The asking price for this property is $266,900.
    What are key features of this property?
    This property features: Priced below recent appraisal.; Excellent location suitable for renters (ORNL workers, traveling nurses).; Duplex: Opportunity to rent one side (3 bed/1 bath or 2 bed/1 bath) and live in the other.
    (865) 803-6201
    We can help!
    Listing Contact
    Hilary Kilgore
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    148 Maryville Circle, Oak Ridge, TN 37830
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!